W-9, W-8BEN, and W-8BEN-E for Deposit Accounts Webinar

The FATCA rules affecting foreign financial institutions also affects US financial institutions and your job as a withholding agent.

During this program we will do a line-by-line review of the forms and the subsequent tax reporting to the IRS. This program will focus on what a US financial institution has to do from the tax reporting and documentation process to be prepared for FATCA. We will also look at the impact on 1042S reporting changes for nonresident aliens. Your job as a withholding agent has never been so important and the forms emphasize your importance in the tax reporting chain that affects this country and accounts for US persons overseas.

Covered Topics

  • Line by line review of the W-9
  • Exemption codes on the W-9 and FATCA exemption codes
  • SSNs, ITINs and EINs who needs what
  • IRS reporting on the 1099 Int and the 1042S
  • What happens when name and TIN do not match?
  • B notices and fines
  • How does the IRS set up name control files?
  • Line by Line Instruction on the W8BEN and W-8BEN E
  • What is a nonresident alien? What if there is no country address?
  • Basic understanding of FATCA and how it impacts your organization
  • Documenting GIIN for foreign financial institutions

Who Should Attend?

This webinar is designed for deposit operations, deposit compliance, new accounts, bookkeeping, IRS reporting specialist and any person who opens accounts or reports interest to the IRS.

Continuing Education (CE) Credits

This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.

View Delivery Options

Related Topics

Instructor

Deborah Crawford
Deborah Crawford

Deborah Crawford is the President of Gettechnical Inc., a Virginia based training company. She specializes in the deposit side of the financial institution and is an instructor on IRAs, BSA, Deposit R... read more.

Course Title Credits Start Date Start Time Delivery Type Delivery Option Instructor / Location Price
W9, W8BEN, W8BENE for Deposit Accounts 0.25 Any Any Webinar Six Month On-Demand Recording Deborah Crawford $295.00 Register Now
W9, W8BEN, W8BENE for Deposit Accounts 0.25 Any Any Webinar CD-ROM Video Recording Deborah Crawford $345.00 Register Now
Delivery Options

LIVE WEBINAR:
INCLUDES 7 DAYS OF ONDEMAND PLAYBACK! With this option, you will participate in the webinar (via the internet) as it is being presented. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a telephone for the audio. You can type and send your questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate at the same time. And don’t worry if you miss the webinar, you can still view it for up to seven days after it takes place!

SIX MONTH ONDEMAND VIDEO:
With this option, you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link to the media player where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. The weblink will be available to you (and anyone else in the company) for up to six months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.

CD-ROM VIDEO:
If you do not have internet access or want to make the webinar part of your training library, the CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. With this option, you will receive a download of the PowerPoint slides and a CD-ROM Recording (featuring PowerPoint presentation with audio) of the webinar via regular mail. Mailed 7 to 10 days after the webinar takes place.

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